Elder Law Attorney Stephen J. Silverberg Named To 2022 Super Lawyers and Scott B. Silverberg Named Rising Star 2022

For the sixteenth consecutive year, Stephen J. Silverberg has been named to the New York Metro Super Lawyers list as one of the top New York metro area lawyers for 2022. Each year, the research team at Super Lawyers selects only five percent of the lawyers in the state to receive this honor. Super Lawyers has named Silverberg to its select list of attorneys for sixteen consecutive years, from 2007 to 2022.

Stephen J. Silverberg is recognized nationally as a leader in estate planning, estate administration, asset preservation planning, and Elder Law. He is a past President of the National Academy of Elder Law Attorneys (NAELA), an organization of almost five thousand Elder Law attorneys throughout the country. He was named a NAELA Fellow, the highest honor bestowed by NAELA to “attorneys… whose careers concentrate on Elder Law, and who have distinguished themselves both by making exceptional contributions to meeting the needs of older Americans and by demonstrating a commitment to the Academy.” Mr. Silverberg was a founding member of the New York State chapter of NAELA and served as President of the chapter.

He is a Certified Elder Law Attorney (CELA), designated by the National Elder Law Foundation under the auspices of the American Bar Association. To obtain this designation, an applicant must pass a full-day written examination and is subject to rigorous blind peer review. Since 1993, fewer than 525 Elder Law attorneys in the United States have earned the designation. Martindale-Hubbell has rated Mr. Silverberg AV Preeminent (5.0 out of 5.0), the highest possible designation.

Scott B. Silverberg, for the third consecutive year, was named to the 2022 New York Metro Rising Stars list. To qualify, New York Metro Rising Stars must be younger than 40 or have been practicing for less than ten years. Each year, the research team at Super Lawyers designates no more than 2.5 percent of the lawyers in the state to receive this honor.

He is a member of the National Board of Directors of the National Academy of Elder Law Attorneys (NAELA) and the Board of Directors and Treasurer of the New York State Chapter of NAELA. Scott is Vice-Chair of the Practice Management Committee of the Elder Law and Special Needs Section Executive Committee of the New York State Bar Association. In 2022, he became a member of the Estate Planning Council of Nassau County, a member chapter of the National Association of Estate Planners and Councils (NAEPC). He is also a member of the Nassau County Bar Association.

Scott has attained the LL.M. (Master of Laws) in Elder Law from Stetson University School of Law. This rigorous program is offered only to Elder Law practitioners who have provided legal services in Elder Law matters in complex areas of the law. Stetson’s L.L.M. Elder Law program faculty comprises many leading attorneys in Elder Law.

Super Lawyers, part of Thomson Reuters, is a rating service of outstanding lawyers from over 70 practice areas who have attained substantial peer recognition and professional achievement. A patented multiphase process includes a statewide survey of lawyers, an independent research evaluation of candidates and peer reviews by practice area to create the list. The result is a credible, comprehensive, and diverse listing of exceptional attorneys. The Super Lawyers lists are published nationwide in Super Lawyers Magazines and leading city and regional magazines and newspapers across the country. Super Lawyers Magazines also feature editorial profiles of attorneys who embody excellence in the practice of law. For more information about Super Lawyers, visit SuperLawyers.com.

The Law Office of Stephen J. Silverberg, PC, represents clients in estate and tax planning, estate administration, asset preservation planning, and Elder Law and related issues. The Law Office of Stephen J. Silverberg, PC is at 185 Roslyn Road, Roslyn Heights, NY 11577, 516-307-1236, and online at www.sjslawpc.com.

Stephen J. Silverberg Named a Top Business Leader by Prominent Nassau Publisher

I am honored to be named to Blank Slate Media’s first Top Business Leaders of Nassau County Award and invite you to join me on Thursday, February 18, at 7 PM for a virtual awards event with Michael Dowling, CEO of Northwell Health as a fellow honoree and keynote speaker.

As if being honored along with Michael Dowling wasn’t enough, I am pleased to find myself in such good company. Other local luminaries being honored that night include:

  • Stuart Rabinowitz, President, Hofstra University
  • Andrew Malekoff, CEO North Shore Child and Family Guidance Center
  • Michael N. Rosenblut, President & CEO, Parker Jewish Institute
  • Jeffrey L. Reynolds, President & CEO, Family and Children’s Association
  • Phil Palumbo, Founder, CEO, Palumbo Wealth Management
  • Jan Burman, President, The Engel Burman Group
  • Edward Blumenfeld, President & Founder, Blumenfeld Development Group
  • Richard Kessel, Chairman, Nassau County IDA/LEAC

We were asked about the business impact of the pandemic in March 2020 when the state placed all but essential services on “pause.”

We transitioned to remote work smoothly, as our firm’s management, document storage, and communications systems were all internet and cloud-based even before the pandemic, allowing attorneys and staff to work in the office, at home, or anywhere. Investing in technology has always been a high value at the firm, and clients benefited from our ability to keep working without interruption. Since returning to the office, we have followed all CDC guidelines, including masks and sterilization requirements.

To see the complete list of honorees and register for this virtual event, click here.

To see the journal for this event, click here.

We hope to “see” you on Thursday, February 18!

Medicare Advantage Free Consultation

Does Medicare Advantage Make Your Medical Coverage Better or Worse?

Some of the smartest people we know find enrolling in Medicare confusing and overwhelming. Despite the warm and fuzzy commercials from insurance companies, Medicare Advantage plans are tricky to figure out. And sometimes, Medicare Advantage can be more expensive than traditional Medicare.

You want to go into the Medicare enrollment process with information to prevent yourself from making expensive mistakes. This is why we are offering area residents a free Medicare consultation—we do not want to see seniors spending more than they need by selecting the wrong plan.

Medicare Advantage plans can have higher copays and other costs. And if you switch back to traditional Medicare, you may not qualify for the supplemental policies, or the premiums may take a huge jump.

The first part of understanding the process is understanding how these pieces work:

There are three parts to Medicare coverage:

  • Part A covers hospitalization and is premium free.
  • Part B covers outpatient care, including doctor visits. The monthly premium for Part B is based on your income two years before this year. It starts at $144.60 and is based on income tops out at $491.60.
  • Part D covers prescription drugs.

Most doctors still accept traditional Medicare, so you probably can continue with your caregivers. The same may not be true for Medicare Advantage.

Part D is for prescription drug coverage. That is provided by private insurers, and it gets complicated. In Nassau County, there are twenty-seven Part D plans available. The drugs covered by each plan are different, as are the copays and deductibles. Premiums can range from $30 per month to over $150.

Traditional Medicare also has deductibles, copays, and co-insurance. To cover the cost of these “gaps,” private health insurance companies offer supplemental plans known as Medigap. These plans are lettered from A through N to make comparisons easier. For example, every insurance companies A plan must provide the same basic benefits. One good thing: If you apply for a Medigap policy when you are first eligible for Medicare, the insurance company must accept you and cannot charge for preexisting conditions.

Medicare Part C is also known as Medicare Advantage. It is a program where your Medicare premiums are given to private insurance companies to provide the services. Medicare Advantage does not add to other parts of Medicare, but it replaces them. If you enroll in a Medicare Advantage plan, your insurance company must provide you with the benefits of Medicare Parts A and B.  Most Medicare Advantage plans include Part D –drug coverage. Most plans (but not all) cover other expenses that Medicare does not, like hearing, vision, and dental care. However, you will have a copay for most services.

While some Medicare Advantage enrollees in 2020 did not pay an additional premium for coverage over their regular Part B. premiums, these plans are usually limited in the number of health care providers and can have significant copays.

So, should you consider Medicare Advantage?

Medicare Advantage plans are like employer-provided health insurance. You must choose providers in the network, which may be limited especially if the plan is an HMO (health maintenance organization) or less limited if it is a PPO (preferred provider organization). Certain kinds of care may need approvals, and specialists may need referrals. Go out of network, and your costs may not be covered, or the cost may not be applied to your out-of-pocket limits. And Medicare Advantage providers can stop offering coverage in your area at the end of any year, leaving you out in the cold

Just because your provider was in your network one year does not mean they will be in your network the following year. And the plans are regional, so if you move out of the area or spend a lot of time on another state, you may not be covered.

On Long Island, there are 30 Medicare Advantage options, and networks, coverage, deductibles, copays, and co-insurance are very different in each plan. But if you need a lot of medical care, Medicare Advantage costs less upfront and possibly more overall.

Medigap plans have higher upfront costs but cover most if not all expenses if you need care.

Here is another thing to remember: To switch from one Medicare Advantage program to another, you may do so during open enrollment periods. However, to switch from Medicare Advantage to traditional Medicare, you may not have access to a Medigap policy. The insurance company may charge you more, exclude preexisting conditions or deny coverage completely.

Confused? Call our office at 516-307-1236 for a free consultation about your Medicare coverage. We are not an insurance agency, so we have no bias for or against any insurance plan. We do want to help seniors make the right choice.

 

Reference: Yahoo Finance (Sept 17, 2020) Are Medicare Advantage Plans Worth the Risk?”